Suspicions of Markets (eBook)
VI, 194 Seiten
Springer International Publishing (Verlag)
978-3-319-40808-8 (ISBN)
In this work, Rutherford reviews why Adam Smith, Hayek, Mises and others praised economic markets, with a view to understanding, in contrast, historical attacks on markets dating as far back as Aristotle. The market has long been criticized as an inappropriate method of allocation, encouraging market participants to misbehave for the sake of personal gain, and creating an impersonal new market culture. This book traces how such attacks have become more vociferous in recent centuries, especially with the rise of socialism. Most recently the critique has broadened to include toxic markets and the excessive marketization of activities hitherto external to the market. Analysing these major criticisms, as well as the value of regulation, utopias and virtue ethics as a means of avoiding future suspicions of markets, the author lays the groundwork for the reader's own assessment of the arguments, and concludes by posing suggestions of how best we might cope with flawed markets in the future.
Donald Rutherford is Lecturer in Economics at the University of Edinburgh, UK, having previously worked as an investment analyst and financial journalist in the City of London. He has taught a range of courses over the years, including labour economics, the trade cycle, economic policy and comparative economic systems. Rutherford has drawn on this breadth of expertise to write a dictionary of economics, first published in 1992. He currently specialises in the history of economic thought.
Donald Rutherford is Lecturer in Economics at the University of Edinburgh, UK, having previously worked as an investment analyst and financial journalist in the City of London. He has taught a range of courses over the years, including labour economics, the trade cycle, economic policy and comparative economic systems. Rutherford has drawn on this breadth of expertise to write a dictionary of economics, first published in 1992. He currently specialises in the history of economic thought.
Contents 6
1: Introduction 8
Bibliography 15
2: The Case for Markets 17
Bibliography 43
3: The Start of the Criticism: Aristotle 45
Plato 46
Aristotle 52
Bibliography 68
4: After the Greeks 69
Bibliography 86
5: Nineteenth-Century Critics 87
Bibliography 112
6: Later Critics 114
David Marquand 130
Will Hutton 132
David Jenkins 135
Papal Encyclicals 140
General Conclusions 144
Bibliography 144
7: An Analysis of the Principal Criticisms 145
Market Mechanisms Are Inadequate and Inefficient 145
Markets Are Impersonal 152
Commodification 157
Markets and Motivation 162
Markets Affect the Income Distribution 165
Markets Create a Different Culture 168
Bibliography 170
8: How to Deal With Flawed Markets 173
Regulation 173
Utopias 179
Ethics 184
Bibliography 188
Bibliography 189
Index 193
Erscheint lt. Verlag | 6.10.2016 |
---|---|
Zusatzinfo | VI, 194 p. |
Verlagsort | Cham |
Sprache | englisch |
Themenwelt | Geisteswissenschaften ► Geschichte |
Wirtschaft ► Volkswirtschaftslehre | |
Schlagworte | Classical Economics • Economic Ethics • Economics and Philosophy • Exchange, trade, commerce • Financial Crises • historical criticism • History of Economic Thought • Market Economy |
ISBN-10 | 3-319-40808-9 / 3319408089 |
ISBN-13 | 978-3-319-40808-8 / 9783319408088 |
Haben Sie eine Frage zum Produkt? |
![PDF](/img/icon_pdf_big.jpg)
Größe: 4,0 MB
DRM: Digitales Wasserzeichen
Dieses eBook enthält ein digitales Wasserzeichen und ist damit für Sie personalisiert. Bei einer missbräuchlichen Weitergabe des eBooks an Dritte ist eine Rückverfolgung an die Quelle möglich.
Dateiformat: PDF (Portable Document Format)
Mit einem festen Seitenlayout eignet sich die PDF besonders für Fachbücher mit Spalten, Tabellen und Abbildungen. Eine PDF kann auf fast allen Geräten angezeigt werden, ist aber für kleine Displays (Smartphone, eReader) nur eingeschränkt geeignet.
Systemvoraussetzungen:
PC/Mac: Mit einem PC oder Mac können Sie dieses eBook lesen. Sie benötigen dafür einen PDF-Viewer - z.B. den Adobe Reader oder Adobe Digital Editions.
eReader: Dieses eBook kann mit (fast) allen eBook-Readern gelesen werden. Mit dem amazon-Kindle ist es aber nicht kompatibel.
Smartphone/Tablet: Egal ob Apple oder Android, dieses eBook können Sie lesen. Sie benötigen dafür einen PDF-Viewer - z.B. die kostenlose Adobe Digital Editions-App.
Zusätzliches Feature: Online Lesen
Dieses eBook können Sie zusätzlich zum Download auch online im Webbrowser lesen.
Buying eBooks from abroad
For tax law reasons we can sell eBooks just within Germany and Switzerland. Regrettably we cannot fulfill eBook-orders from other countries.
aus dem Bereich